U.A.E. Minister of Economy H.E. Abdulla bin Touq Al Marri, and U.A.E. Minister of State for Foreign Trade H.E. Dr. Thani bin Ahmed Al Zeyoudi came to New York on September 15th, as they continued a week-long tour of the United States that has showcased the dramatic reforms to the U.A.E.’s investment and business environment since the pandemic. This New York visit provided an opportunity for Business Council executives in the Big Apple to meet with and hear from the Ministers, following the Business Council’s fireside chat and luncheon with the Ministers in Washington, DC the previous day.
Business Council President Danny Sebright moderated a session with the Ministers on the SALT conference main stage in front of a 2,000 person audience consisting of many titans of the New York business scene.
The Business Council and SALT subsequently partnered to host a more intimate luncheon conversation at Le Bernardin with key Business Council members and SALT VIPs.
Conversation focused on venture capital, private equity and opportunities for foreign direct investment. The Ministers highlighted the myriad ways in which the U.A.E. market is ripe for investment and, in turn, discussed the extensive U.A.E. investment throughout the United States.
The Ministers provided insights into the U.A.E.’s plans to institute 50 new economic initiatives, known as the ‘Projects of the 50,’ to advance economic competitiveness and boost foreign direct investment in the lead up to the U.A.E.’s Golden Jubilee. Moreover, the Ministers continued to reveal new details about the other economic measures the U.A.E. federal government has undertaken to improve their economy, while also touching on the business friendly environment found across the U.A.E. and its seven constituent Emirates.
Picking up on this theme, key business leaders from Abu Dhabi, Dubai and Sharjah including H.E. Mohammed Ali Al Shorofa, H.E. Fahad Al Gergawi, H.E. Mohamed Juma Al Musharrakah and H.E. Saed Alawadi gave a strategic overview of what their particular emirates have to offer in terms of ease of doing business and opportunities for foreign direct investment.
The Ministers emphasized that the U.A.E. is ready to host the world for the greatest show on earth in just two weeks, and are looking forward to the business opportunities that will come with the world’s fair.
For more information about the U.S.- U.A.E. Business Council’s upcoming programming and Expo-related activities, please contact Ms. Mary Zuccarello at mzuccarello@usuaebusiness.org.
